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gavmur [86]
4 years ago
10

The method of dividing the project scope into many parts that, when combined, would constitute the project deliverable is called

_____: a. rolling wave planning b. decomposition c. collect requirements d. requirements traceability
Business
1 answer:
Contact [7]4 years ago
5 0

Answer: b. decomposition

Explanation:

Decomposition is a project management technique that takes the entire project scope and all project deliverables and breaks them down into smaller components which makes it easy to manage.

However, decomposition may lead to more work without much value for the time spent and inefficient use of resources which will eventually lead to decreased work efficiency.

It involves:

1. Gathering of information on project deliverables to evaluate any related risks

2. Start the breakdown process at the highest level.

3. Decompose the higher levels into lower level detailed components.

4. Verify the degree of decomposition of the work if it is necessary and sufficient.

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Last year a business had fixed costs of £875,000 and revenue of 2.5 million. The business had total variable coats of 50,000 and
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Answer:

Total cost of the business = £925,000

Explanation:

Solution:

Data given:

Fixed cost = £875000

Revenue generated = 2.5 million

Total variable cost = 50,000

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What is the total cost of the business = ?

Formula for total cost of the business is:

Total Cost = Total Fixed Cost + (Average variable cost per unit x units produced)

Here we have, Total variable cost not the average variable cost per unit.

So,

Average variable cost per unit = Total variable cost/ units produced

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Average variable cost per unit = 1/2 = £0.5 per unit.

Now,

Total cost of the business = Total Fixed Cost + (Average variable cost per unit x units produced)

Let's plug in the values.

Total cost of the business = 875,000 + (0.5 x 100,000)

Total cost of the business = £925,000

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Holding other factors constant, if food prices decline relative to the prices of other products, then the real wages of agricult
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